Sebi comes out with composition of inside audit workforce for CRAs


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Markets regulator Sebi on Wednesday expanded the listing of eligible professionals who could be a part of the inner audit workforce for Credit score Score Companies (CRAs), making it extra inclusive. Earlier, the inner audit workforce for CRAs was required to incorporate a Chartered Accountant (ACA/FCA), and a Licensed Info Techniques Auditor (CISA) or somebody with a Diploma in Info System Audit (DISA).

With the most recent replace, the revised standards now permit for both a Chartered Accountant (ACA/FCA) or a Price Accountant (ACMA/FCMA), together with knowledgeable holding one of many following {qualifications}: CISA, DISA, or DISSA (Diploma in Info System Safety Audit from ICMAI).

“The audit workforce have to be composed of not less than a Chartered Accountant (ACA/FCA) or a Price Accountant (ACMA/FCMA) and a Licensed Info Techniques Auditor/ Diploma in Info System Auditor/ Diploma in Info System Safety Audit (CISA/ DISA/ DISSA),” Sebi mentioned in its round.

The brand new necessities are relevant with rapid impact.